Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Meridian Holdings Inc (MRDN)

39 + Investors. Track Smart Money conviction in MRDN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
1Q ▼
Buyers last Q
56%

Smart Money Signals — MRDN

Based on 39 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 1Q
For 1 consecutive quarter, more hedge funds reduced or closed their MRDN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 91% of 0.5Y peak

91% of all-time peak
39 funds currently hold this stock — 91% of the 0.5-year high of 43 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🟡

Slight buying edge — 56% buying

31 buying24 selling
Last quarter: 31 funds bought or added vs 24 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
🔄

Mostly new holders — 100% entered in last year

■ 0% conviction (2yr+) ■ 0% medium ■ 100% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +150% but shares only +31% — price-driven

Value
+150%
Shares
+30%
Last quarter: the total dollar value of institutional holdings rose +150%, but actual share count only changed +31%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 39 current holders: 39 (100%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds
14 of 39 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MRDN

In 2026 Q2, 31 hedge funds were net buyers of MRDN (15 opened a new position, 16 added to an existing one), while 24 reduced or exited (5 trimmed, 19 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 36% of total institutional value in MRDN is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 39.

Hedge Fund Ownership: MRDN

How many hedge funds hold MRDN — quarterly history vs. share price
Quarterly hedge fund ownership of MRDN vs. share price

Market Analysis: MRDN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MRDN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: MRDN
2026 Q3 Stats Unlock in 48 days 39 + Investors

Track Smart Money conviction in MRDN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 39 43 -9.3%
13F Shares 663K 507K 30.77%
Total Value $9M $4M 150.47%
New Positions 15 43 -28
Increased Positions 16 0 +16
Closed Positions 19 0 +19
Reduced Positions 5 0 +5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MRDN

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Valuation Measures Data as of: --

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Enterprise Value --
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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
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Net Income Avi to Common (ttm) --
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Total Cash (mrq) --
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Institutional Holders (2026 Q2)

39 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MRDN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 MRDN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Topline Capital Management, LLC 0.67% 186,440 $2.6M
2 Diametric Capital, LP 0.18% 123,207 $1.7M
3 Persistent Asset Partners Ltd 0.02% 4,201 $58K
4 Continuum Advisory, LLC 0.01% 5,000 $70K
5 Great Lakes Advisors, LLC 0.00% 31,085 $433K
6 Essential Partners LLC 0.00% 134 $2K
7 Asset Dedication, LLC 0.00% 833 $12K
8 Tower Research Capital LLC (TRC) 0.00% 1,969 $27K
9 GAMMA Investing LLC 0.00% 1,254 $17K
10 Aqr Capital Management LLC 0.00% 47,926 $667K
11 Arax Advisory Partners 0.00% 1,113 $15K
12 True Wealth Design, LLC 0.00% 30 —
13 Arrowstreet Capital, Limited Partnership 0.00% 10,290 $143K
14 Vanguard Fiduciary Trust Co 0.00% 17,367 $242K
15 EverSource Wealth Advisors, LLC 0.00% 92 $1K
16 BNP Paribas Financial Markets 0.00% 8,660 $121K
17 Mercer Global Advisors Inc /Adv 0.00% 2,095 $29K
18 Goldman Sachs Group Inc 0.00% 29,336 $408K
19 NewEdge Advisors, LLC 0.00% 822 $11K
20 Russell Investments Group, Ltd. 0.00% 2,666 $37K
21 UBS Group AG 0.00% 16,894 $235K
22 Steward Partners Investment Advisory, LLC 0.00% 416 $6K
23 Fortitude Family Office, LLC 0.00% 9 —
24 Jane Street Group, LLC 0.00% 16,562 $231K
25 Morgan Stanley 0.00% 22,480 $313K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Meridian Holdings Inc (MRDN)

What does the Smart Money Trend signal show for MRDN?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their MRDN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for MRDN?

Slight buying edge — 56% buying: Last quarter: 31 funds bought or added vs 24 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for MRDN holders?

Strong quality — 36% AUM from major funds: 14 of 39 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held MRDN?

Mostly new holders — 100% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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